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37 Capital ( (TSE:JJJ) ) just unveiled an announcement.
37 Capital Inc. has successfully completed the second tranche of its equity financing, raising $62,500 through the issuance of 500,000 units priced at $0.125 each. The funds will be directed towards general working capital, and the transaction includes a related party element as an insider acquired a significant portion of the units. The financing terms include a forced exercise provision for warrants if certain trading conditions are met, and all issued securities are subject to a hold period until March 2026.
More about 37 Capital
37 Capital Inc. operates within the mining industry, focusing on equity financing to support its operations. The company is listed on the Canadian Securities Exchange under the symbol JJJ.
Average Trading Volume: 159,846
Technical Sentiment Signal: Sell
Current Market Cap: C$1.91M
For an in-depth examination of JJJ stock, go to TipRanks’ Overview page.